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Julius Baer to buy Merrill Lynch private bank outside U.S.
13.08.2012. | ZURICH (Reuters) - Swiss private bank Julius Baer is to buy Bank of America's Merrill Lynch private bank outside the United States, paying 860 million Swiss francs ($882 million) to boost its assets under management by 40 percent and backing the deal with plans to raise 1.19 billion francs in new capital.
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